Lord Abbett Backtesting

LBNYX -- USA Fund  

USD 8.16  0.01  0.12%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Lord Abbett Bond Debenture Fund and determine expected loss or profit from investing in Lord Abbett over given investment horizon. Additionally see Lord Abbett Hype Analysis, Lord Abbett Correlation, Portfolio Optimization, Lord Abbett Volatility as well as analyze Lord Abbett Alpha and Beta and Lord Abbett Performance.
Horizon     30 Days    Login   to change

Lord Abbett 'What if' Analysis

October 24, 2019
No Change 0.00  0.0 
In 2 months and 31 days
January 22, 2020
If you would invest  0.00  in Lord Abbett on October 24, 2019 and sell it all today you would earn a total of 0.00 from holding Lord Abbett Bond Debenture Fund or generate 0.0% return on investment in Lord Abbett over 90 days. Lord Abbett is related to or competes with Pioneer Strategic, Pioneer Strategic, PIMCO Diversified, Performance Trust, Performance Trust, Neuberger Berman, and Neuberger Berman. The investment seeks high current income and the opportunity for capital appreciation to produce a high total return

Lord Abbett Upside/Downside Indicators

Downside Deviation0.2113
Information Ratio(0.86)
Maximum Drawdown0.3761
Value At Risk(0.25)
Potential Upside0.1256

Lord Abbett Market Premium Indicators

Risk Adjusted Performance0.0944
Jensen Alpha0.0166
Total Risk Alpha(0.007871)
Sortino Ratio(0.46)
Treynor Ratio0.6851

Lord Abbett Bond Backtested Returns

We consider Lord Abbett very steady. Lord Abbett Bond has Sharpe Ratio of 0.2729 which conveys that the entity had 0.2729% of return per unit of risk over the last 3 months. Our philosophy towards estimating volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty technical indicators for Lord Abbett which you can use to evaluate future volatility of the organization. Please verify Lord Abbett Bond Debenture Fund Mean Deviation of 0.0837, Risk Adjusted Performance of 0.0944 and Coefficient Of Variation of 378.42 to check out if risk estimate we provide are consistent with the epected return of 0.03%. The fund secures Beta (Market Risk) of 0.0293 which conveys that as returns on market increase, Lord Abbett returns are expected to increase less than the market. However during bear market, the loss on holding Lord Abbett will be expected to be smaller as well. Although it is extremely important to respect Lord Abbett Bond price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Lord Abbett Bond technical indicators you can presently evaluate if the expected return of 0.03% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.43) 
correlation synergy

Modest reverse predictability

Lord Abbett Bond Debenture Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Lord Abbett time series from October 24, 2019 to December 8, 2019 and December 8, 2019 to January 22, 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lord Abbett Bond price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Lord Abbett price fluctuation can be explain by its past prices. Given that Lord Abbett Bond Debenture Fund has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Lord Abbett for similar time interval.
Correlation Coefficient-0.43
Spearman Rank Test-0.35
Residual Average0.0
Price Variance0.0

Lord Abbett Bond lagged returns against current returns

 Current and Lagged Values 

Lord Abbett regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Lord Abbett Lagged Returns

 Regressed Prices 

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Additionally see Lord Abbett Hype Analysis, Lord Abbett Correlation, Portfolio Optimization, Lord Abbett Volatility as well as analyze Lord Abbett Alpha and Beta and Lord Abbett Performance. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.